Zhihu Depreciation vs Other Non Cash Items Analysis
| ZH Stock | USD 3.57 0.08 2.19% |
Zhihu financial indicator trend analysis is more than just analyzing Zhihu Inc ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhihu Inc ADR is a good investment. Please check the relationship between Zhihu Depreciation and its Other Non Cash Items accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhihu Inc ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhihu Inc ADR Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhihu's Depreciation and Other Non Cash Items is 0.43. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Zhihu Inc ADR, assuming nothing else is changed. The correlation between historical values of Zhihu's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Zhihu Inc ADR are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Zhihu's Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Zhihu Inc ADR value has been used up. For tax purposes Zhihu can deduct the cost of the tangible assets it purchases as business expenses. However, Zhihu Inc ADR must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Other Non Cash Items
Most indicators from Zhihu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhihu Inc ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhihu Inc ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. As of now, Zhihu's Selling General Administrative is increasing as compared to previous years. The Zhihu's current Enterprise Value Over EBITDA is estimated to increase to 0.79, while Tax Provision is projected to decrease to under 6.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 31.3M | 68.1M | 153.5M | 161.2M | Tax Provision | 5.4M | 14.2M | 9.7M | 6.7M |
Zhihu fundamental ratios Correlations
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Zhihu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhihu Inc ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zhihu. If investors know Zhihu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zhihu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Revenue Per Share 42.343 | Quarterly Revenue Growth (0.11) | Return On Assets (0.09) | Return On Equity (0.13) |
The market value of Zhihu Inc ADR is measured differently than its book value, which is the value of Zhihu that is recorded on the company's balance sheet. Investors also form their own opinion of Zhihu's value that differs from its market value or its book value, called intrinsic value, which is Zhihu's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zhihu's market value can be influenced by many factors that don't directly affect Zhihu's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zhihu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhihu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhihu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.